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CNBC > SEC Filings for CNBC > Form 8-K on 29-May-2014All Recent SEC Filings

Show all filings for CENTER BANCORP INC



Other Events

Item 8.01. Other Events.

On May 19, 2014, the Board of Directors of ConnectOne Bank, the wholly-owned subsidiary of ConnectOne Bancorp, Inc. and a New Jersey State chartered commercial bank (the "ConnectOne Bank"), received the approval of the New Jersey Department of Banking and Insurance of ConnectOne Bank's merger with Union Center National Bank, the Registrant's wholly-owned subsidiary, under the Agreement and Plan of Merger by and between the Registrant and ConnectOne Bancorp, Inc., dated January 20, 2014 and filed with the Commission on January 21, 2014 as an exhibit to the Registrant's Current Report on Form 8-K. Subsequently, on May 23, 2014, the Registrant received the non-objection to consummation of the proposed transaction without the filing of a formal application pursuant to the Bank Holding Company Act from the Federal Reserve Board of New York.

The Registrant and ConnectOne Bancorp, Inc. have now received all necessary bank regulatory approvals to consummate the transaction, and may close the transaction subject to: (i) the receipt of the approval of the shareholders of both ConnectOne Bancorp, Inc. and the Registrant, and (ii) each other outstanding closing condition being satisfied. The shareholders' meetings are scheduled for June 24, 2014. The Registrant and ConnectOne Bancorp, Inc. anticipate a closing on July 1, 2014.


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